Radio Report: Rep. April Connors prefiles rebate bill to offset Washington’s expensive cap-and-trade gasoline prices


 Legislation has been prefiled in Olympia to offset Washington’s sky-high gasoline prices by providing rebates to motorists from the state’s cap-and-trade revenue. John Sattgast reports.

 Radio Report Transcript

SATTGAST: Since taking effect last January, the state has collected about one-point-three billion dollars from the cap-and-trade auctions. That’s far more money than the state anticipated. And Washington motorists are paying about a dollar-a-gallon more at the gas pumps than the national average because of cap-and-trade.

Representative April Connors wants to rebate some of that money to Washington motorists.

CONNORS: “We could give the money back to the taxpayers who are hurting from the price of gas. And that one-point-three billion dollars would be divided by the six-point-eight million drivers that own vehicles in Washington state. And they would get a check back in July.”

SATTGAST: On Tuesday, the Kennewick Republican prefiled House Bill 2040, also known as the Carbon Auction Rebate or “CAR” Payment Program. If the measure is approved, registered vehicle owners in Washington would receive a rebate check in July of 180-dollars – or up to 360-dollars per two car family.

The bill will be up for consideration when the 2024 session convenes on January 8th.

John Sattgast, the state Capitol.

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